Q1 progress of PSDP projects reviewed
Though provinces had substantial resources to finance their respective Annual Development Plans, the federal PSDP was being financed mainly through borrowing. photo: file
Projects under the Public Sector Development Programme (PSDP) during the first quarter of the fiscal year 2024-25 were reviewed in a high-level meeting chaired by Planning Minister Ahsan Iqbal, the planning ministry said in a press release on Friday.
The meeting was part of a series of sessions aimed at assessing the performance of various ministries in implementing development projects and enhancing accountability and transparency in the utilisation of the PSDP funds.
The federal government has allocated Rs155 billion to the ministries and divisions under the PSDP framework for the first quarter.